News
11 September 2017

Nacala rail and port financing nears signing

In:
Transport
Region:
Middle East & Africa

Vale and Mitsui, which are raising $3 billion of 13-year debt to back the development of the Nacala rail and port in Mozambique, are weeks away from signing with lenders. The IFC dropped out of the deal in April because of concerns over preferred creditor status, meaning the Japanese...

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